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Fenstead End, Boxted, Bury St. Edmunds

East of England

£425,000
Listed on 05/06/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2378 sqft

Description

This property presents a compelling opportunity for renovation and investment. Set on approximately 1 acre, the site features a disused modern barn that was originally utilized as a grain store. The structure, built with a concrete frame, comes with external asbestos cladding at the upper levels and an internal metal-clad framework, providing a unique canvass for redevelopment. Located discreetly off a quiet country lane, the property benefits from excellent vehicular access via a private drive that leads directly onto an unclassified road. This accessibility offers convenient connections to nearby villages, including Thurston End and Boxted, while also leading toward major routes such as the A143 and B1066. The existing barn footprint measures around 121 sq m (1,302 sq ft), making it substantial enough for conversion into residential space. Recent planning approval (Ref: DC/23/03681) from Babergh District Council has been granted for the conversion of this barn into one dwellinghouse (C3) along with required building operations. The development plan provides an exciting framework for creating modern living spaces amid tranquil countryside surroundings. To the south of the property lies a converted barn alongside other redundant structures at Fenstead End farmyard, further enhancing the area’s potential for residential development. The surrounding landscape is predominantly open countryside, which not only provides picturesque views but also ensures a peaceful environment. Amenities such as electricity are already in place on site, with mains water located nearby. Broadband services suggest speeds of up to 1000Mbps, accommodating modern connectivity needs. This property is offered freehold with vacant possession upon completion and carries clear potential for future value enhancement through renovation or redevelopment. Interested parties can view the site from the public highway or request access to inspect the existing building through the sole selling agent. With both planning permission in place and favorable location dynamics, this site represents an intriguing prospect for investors or developers seeking their next project.

Investment Analysis

(IP29 area)

Below Market Value

This property is priced -48.0% below area average per sq ft

-48.0%
Potential saving
This Property
£179/sq ft
Area Average
£343/sq ft
Avg Rent (weekly)
£383
Avg Yield
3.4%

Renovation Potential

Est. Renovation Cost
£42,500 - £106,250
10-25% of property value
Target Value
£898,266
10% above area average per sq ft
Potential ROI
+69.1%
After renovation
Monthly Sales
5
Average per month
Market Turnover
67%
Properties sold annually

Local Market Trend (IP29)

Area prices are falling by +6.1% over the last 12 months
3 year growth: -11.3%
5 year growth: 13.7%
Investment Disclaimer: Analysis based on IP29 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Fenstead End, Boxted, Bury St. Edmunds
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